Singapore's manufacturing sector's TFP growth: A decomposition analysis

Mahadevan, Renuka and Kalirajan, Kali (2000) Singapore's manufacturing sector's TFP growth: A decomposition analysis. Journal of Comparative Economics, 28 4: 828-839. doi:10.1006/jcec.2000.1682


Author Mahadevan, Renuka
Kalirajan, Kali
Title Singapore's manufacturing sector's TFP growth: A decomposition analysis
Journal name Journal of Comparative Economics   Check publisher's open access policy
ISSN 0147-5967
1095-7227
Publication date 2000-12
Sub-type Article (original research)
DOI 10.1006/jcec.2000.1682
Volume 28
Issue 4
Start page 828
End page 839
Total pages 12
Editor J.P. Bonin
Place of publication New York, N.Y. U.S.A.
Publisher Academic Press Inc
Collection year 2000
Language eng
Subject C1
340213 Economic Development and Growth
720404 Productivity
Abstract Singapore has been criticized recently for experiencing insignificant total factor productivity (TFP) growth. This paper examines whether this criticism is valid in the context of the manufacturing sector of Singapore. Using new data and the stochastic production frontier approach, TFP growth is decomposed into technological progress and changes in technical efficiency. While the results could not reject the hypothesis that Singapore's output growth is mostly input-driven, they show that, despite technological progress, technical inefficiency is the cause for the low and declining TFP growth in the manufacturing sector. (C) Academic Press.
Keyword Economics
Total Factor Productivity
Technological Progress
Technical Efficiency
Stochastic Production Frontier
Factor Productivity Growth
Q-Index Code C1

Document type: Journal Article
Sub-type: Article (original research)
Collection: School of Political Science and International Studies Publications
 
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Created: Tue, 10 Jun 2008, 12:53:59 EST